RULE # 14: Discontinued Product Lines May Have Value

Just because a product line is no longer viable for your company, doesn't mean that others won't be interested. If the product has name recognition, there may be other manufacturers eager to obtain it from you. As part of your discontinued product line, you may want to offer the name, drawings, tooling, machine tools, trademarks or a combination of all of these items. Since you are exiting that business, bringing in a company that deals with a broad-base of outside manufacturers can greatly pay off.